mo4ch:>Mexico vows ‘vigorous’ response after Trump’s ‘disastrous’ tariffs jab knocks down peso, markets | Mo4ch News

Mexico has slammed US President Donald Trump’s threat to impose retaliatory tariffs until illegal immigrants stop streaming across its border as “disastrous,” and plunging peso markets seem to agree with that assessment.Mexico will respond “vigorously” to the promised punitive tariff, Deputy Foreign Minister Jesus Seade said, adding that the country will not stand by idly with its “arms folded” to see if Trump’s threat - issued in a tweet on Thursday afternoon - is serious, though he did acknowledge that only some of Trump’s government-by-Twitter is ever reflected in policy.Also on rt.comTrump slaps Mexico with 5% tariffs on EVERYTHING until it solves US immigration problemThe news sent the peso trading down 2 percent, while futures on the S&P500 index declined 0.8 percent, suggesting the markets took Trump’ threats seriously. The US imported nearly $350 billion in goods from Mexico in 2018, and the two countries were on the verge of ratifying the USCMA trade deal - a replacement …